In a shocking reversal, US President Donald Trump announced a surprise 90-day pause on tariff hikes for most countries overnight, causing a surge in global markets.

This move comes after a period of heightened trade tensions, particularly with China, and has raised questions about the future direction of US trade policies.

But while some see it as a step toward stabilising the global economy, others are concerned about the long-term implications of continued tariff uncertainty.

So what does this decision mean for the global trade environment? And could this decision signal a shift away from a possible recession?

On The Big Story, Hongbin Jeong speaks with Antonio Fatás, Professor of Economics at INSEAD to find out more. 

In a shocking reversal, US President Donald Trump announced a surprise 90-day pause on tariff hikes for most countries overnight, causing a surge in global markets.
This move comes after a period of heightened trade tensions, particularly with China, and has raised questions about the future direction of US trade policies.
But while some see it as a step toward stabilising the global economy, others are concerned about the long-term implications of continued tariff uncertainty.
So what does this decision mean for the global trade environment? And could this decision signal a shift away from a possible recession?
On The Big Story, Hongbin Jeong speaks with Antonio Fat&aacute;s, Professor of Economics at INSEAD&nbsp;to find out more.&nbsp;

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.